European Bank for Reconstruction and Development

European Bank for Reconstruction and Development
  A government sponsored bank for funnelling funds to Eastern Europe and the republics of the former USSR. It is owned by 45 governments and European institutions (such as the European Investment Bank and the EC). The USA owns 10%, France, Germany, Italy, Japan, and the UK each have 8.5%. It was created in 1991 with a capital of ECU 10 billion (approximately US$12.5 billion). In the words of the bank itself, its main objective is to "promote private and entrepreneurial initiative in the central and eastern European countries committed to and applying the principles of multi-party democracy, pluralism and market economies.". See also Bank Research for Eastern Europe and International Bank Credit Analysis.

International financial encyclopaedia . 2014.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • European Bank for Reconstruction and Development — Bank targeted at Eastern Europe and the former Soviet Union. Bloomberg Financial Dictionary * * * European Bank for Reconstruction and Development ˌEuropean ˌBank for Reconˌstruction and Deˈvelopment abbreviation EBRD noun BANKING ORGANIZATIONS a …   Financial and business terms

  • European Bank for Reconstruction and Development — Founded in 1991, the European Bank for Reconstruction and Development (EBRD) uses the tools of investment to help build market economies and democracies in 27 countries from central Europe to central Asia.The EBRD is owned by 61 countries and two …   Wikipedia

  • European Bank for Reconstruction and Development — Europäische Bank für Wiederaufbau und Entwicklung Unternehmensform Gründung …   Deutsch Wikipedia

  • European Bank for Reconstruction and Development - EBRD — A bank was established in 1991 to aide ex Soviet and Eastern European countries transitioning into democracies by developing free market economies. Today, the European Bank for Reconstruction and Developement (EBRD) continues its work in 27… …   Investment dictionary

  • the European Bank for Reconstruction and Development — UK US noun COMMERCE ► THE EBRD(Cf. ↑the EBRD) …   Financial and business terms

  • European Bank for Reconstruction and Development —       organization established in 1991 to develop a private business sector in the countries of central and eastern Europe after the collapse of communism in the region. The EBRD provides project financing for banks, industries, and businesses in …   Universalium

  • European Bank for Reconstruction and Development — (EBRD)   Established in 1991 to provide financial aid to Eastern European countries that adopted a democratic form of government and had drawn up a strategy for transforming themselves into market economies …   Glossary of the European Union and European Communities

  • European Bank for Reconstruction and Development — /ˌjυərəpi:ən bæŋk fə ri:kənˌstrʌktʃ(ə)n ən dɪ veləpmənt/ noun bank, based in London, which channels aid from the EU to Eastern European countries. Abbreviation EBRD …   Dictionary of banking and finance

  • International Bank for Reconstruction and Development — The International Bank for Reconstruction and Development (IBRD) is one of five institutions that comprise the World Bank Group. The IBRD is an international organization whose original mission was to finance the reconstruction of nations… …   Wikipedia

  • European Bank for Reconstruction and Development — ⇡ EBRD …   Lexikon der Economics

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”